Space Exploration Technologies Corp. filed for the initial public offering of Class A common stock shares on Wednesday. The preliminary prospectus outlined that the company has applied to be listed on the Nasdaq and will trade under the symbol "SPCX."
SpaceX confidentially filed with the Securities and Exchange Commission in April. The world's richest man Elon Musk will control 85% of SpaceX's voting power, with 849.5 million Class A shares and 5.57 billion Class B shares. The company is expected to announce its pricing as early as June 11.
In the SEC filing, SpaceX also revealed its revenue in the first quarter of 2026 reached $4.7 billion, jumping 15% annually.
https://breakingthenews.net/Article/SpaceX-discloses-Nasdaq-IPO-filing/66333286
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